Global Market Today: Asian stocks rise as oil slides after US midterm electionsBenchmark indexes rose in Japan and Australia, pushing the MSCI Asia Pacific Index up by 0.3%. That was after the S&P 500 Index jumped 1.6%...
US stock futures rise after midterms: Why are Dow Jones futures up nearly 800 points despite a Democratic sweep? S&P 500, Nasdaq gain as AMD and Nvidia stocks climbWhy are US stock futures rising after Democrats win the Senate and House? Dow leads Wall Street rally as AMD, Nvidia and semiconductor stoc...
Chinese chipmaker YMTC puts IPO on hold as weaker markets weigh, sources sayThat process has been put on hold due to "various factors", according to an internal note YMTC sent to its staff and seen by Reuters. It di...
AMD forecasts quarterly revenue above estimates as data-center growth acceleratesThe company, which nearly doubled its data-center revenue in the third quarter, is benefiting as a shift in AI workloads toward running mod...
AMD's OpenAI, Meta chip deals trigger $1 billion quarterly chargeAMD in February agreed to sell up to $60 billion worth of AI chips to Meta over five years, giving the Facebook owner warrants that could l...
AMD forecasts fourth-quarter revenue above estimates on strong AI chip demandAdvanced Micro Devices estimates its fourth-quarter revenue will hit about $17 billion, driven primarily by robust demand for AI chips. Alt...
AMD's OpenAI, Meta chip deals trigger $1 billion quarterly chargeAMD in February agreed to sell up to $60 billion worth of AI chips to Meta over five years, giving the Facebook owner warrants that could l...
US stocks today: Nasdaq rebounds as chipmakers rally, Apple slides ahead of US midterm resultsUS stocks ended mixed as the Nasdaq rebounded on gains in chipmakers and AI linked heavyweights ahead of the midterm election results. Nvid...
Ahead of Market: 10 things that will decide stock market action on WednesdayIndian equities rallied nearly 2%, with Sensex gaining 1,225 points and Nifty rising 370 points. Falling crude prices, renewed FII buying, ...
US stock futures mixed as Apple falls on margin warning, midterm results awaitedU.S. stock index futures reflect a mixed response as crude oil prices trend upwards ahead of midterm election outcomes. Apple's shares took...
Chinese stocks fall as investors unimpressed by fresh market support measuresChinese stocks declined as selling in energy and technology shares outweighed fresh regulatory measures aimed at supporting the market. Inv...
Marvell to buy Lumentum in $115 billion deal in AI data-center betMarvell Technology is poised to acquire Lumentum in a groundbreaking all-stock transaction worth $115 billion. This strategic acquisition i...
Intel stock plunges 30% as weak PC demand and AI costs trigger global chip selloffIntel shares plunged 30% after the chipmaker issued a weak fourth-quarter revenue forecast and warned of negative cash flow for the year. T...
Why Intel stock price down today? How the AI memory crunch and weak PC demand hit its forecast, and could the selloff deepen?Intel (INTC) Stock Crash: Intel shares fell about 29 per cent on Friday after a weak December quarter forecast. Falling PC demand and costl...
Global Market: Japan's Nikkei falls 3% as AI spending concerns hit chip stocks; BOJ holds ratesJapanese shares fell sharply as concerns over the profitability of AI investments sparked a global technology sell-off. The Nikkei 225 drop...
Weak quarter for Intel sends shivers through cooling chip stocksChip stocks, particularly those affected by Intel's earnings, faced significant declines following the report's release. Intel attributed i...
Why Wall Street is selling chip stocks and buying Berkshire: Is Buffett’s old-school stock the new hedge against the AI trade, or an early warning for markets?Berkshire hits a record as chip stocks slump 15%: Investors dumped chip stocks and rushed to Berkshire Hathaway. Between October 2 and 20, ...